Friday, August 10, 2012

Google, PayPal, Verifone, US Carriers Unite to Form Mobile Payments Commission

Google, PayPal, Verifone, US Carriers Unite to Form Mobile Payments Commission

The mobile payment industry–particularly the NFC variety–remains at its infancy in the United States, with several companies jockeying for position to set the standard. However, without proper direction (not to mention the willingness to adopt to new technologies) the NFC payment system would remain an impractical curiosity for many consumers. In an effort to make clear definitions for the mobile payment industry, several big-name companies in the field have banded together under one committee: the Electronic Transactions Association, which formed the Mobile Payments Committee.

Gadget.com , Google, PayPal, Verifone, US Carriers Unite to Form Mobile Payments Commission, Google, PayPal, Verifone, US Carriers Unite to Form Mobile Payments Commission

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